David Crane Sells 196,736 Shares of Vertu Motors plc (LON:VTU) Stock

Vertu Motors plc (LON:VTU) insider David Crane sold 196,736 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 66 ($0.86), for a total value of £129,845.76 ($168,390.30).

Vertu Motors Stock Up 2.1 %

Shares of LON:VTU opened at GBX 67.30 ($0.87) on Thursday. The company has a quick ratio of 0.26, a current ratio of 1.03 and a debt-to-equity ratio of 58.72. Vertu Motors plc has a 52-week low of GBX 56.70 ($0.74) and a 52-week high of GBX 88.02 ($1.14). The stock’s fifty day simple moving average is GBX 64.99 and its 200-day simple moving average is GBX 70.81. The company has a market capitalization of £222.00 million, a P/E ratio of 962.86 and a beta of 1.15.

Vertu Motors Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 12th will be given a dividend of GBX 0.90 ($0.01) per share. The ex-dividend date is Thursday, December 12th. This represents a yield of 1.56%. Vertu Motors’s dividend payout ratio (DPR) is presently 2,857.14%.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors.